Media - Income and Profit

The main function of a media text is to generate income and profit. How far do you agree with this statement?

All media create either film, newspaper, magazines, music etc, the main purpose why they do this is to make money amd create success so their next media product is even more successful and creates more awareness and more income. Most media owners try to become more and more successful so they can buy more companies and become more successful a clear example of this is Rupert Murdoch.
Rupert Murdoch is the owner of many worldwide newspapers in Australia, UK and America including The Sun, News of the World, Daily Telegraph, The Austrailian and The New York Post. He also owns Twentieth Century Fox and Sky Television.
Having this much ownership gives him a lot of power and a lot of control to influence people on certain political issues and they read his papers, watch tv. this means he is the creator of a worldwide media empire and he has the power to control peoples thoughts and views.
This is why i feel medias main purpose is to make money, because money creates power and success to brainwash people and make them think what you want them to think.